Revision of the EU SME Definition

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About this initiative

Roadmaps and inception impact assessments describe the scope, purpose and timing of new laws and policies. They also set out plans for evaluations of existing laws or ‘fitness checks’ of multiple laws.

Recent feedback

Utilitalia, the Italian association of water, energy and waste companies, welcomes the initiative to review the EU SME definition. The Recommendation of the EU Commission 2003/361/EC, which excludes from SMEs the companies in which more than 25% of the capital or votes are controlled by public entities, have been almost totally received by the Italian legal system through the Ministry of Productive Activities decree of 18 April 2005 describing...

CEMA, the European association representing the agricultural machinery industry, welcomes the initiative to review the EU SME definition and calls on an increase of the SME definition threshold. The agricultural machinery industry is characterised by a large number of SMEs producing a variety of machines. The situation of the SMEs in the sector differs greatly. Many SMEs compete with larger companies in certain product markets. Other SMEs...

Welcoming the European Commission’s Inception Impact Assessment, CEEP would like to provide the feedback of providers of public services and of services of general interest (SGIs) in the EU. CEEP shares the point of view that 14 years after the current EU SME Definition’s publication, there is a clear need to review and adjust it. SMEs are the backbone of the European economy and, therefore, they should indeed benefit from specific support...

The members of the Network of European Financial Institutions for SMEs (NEFI), i.e. 19 National Promotional Banks and Institutions from 19 EU Member States, share a public mission to facilitate access to finance for SMEs by offering them financial services and expertise. Therefore our network strongly supports all initiatives of the European Commission aimed at the creation of favourable framework conditions for SMEs in the EU and we...